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The Government of the Russian Federation has simplified the procedure for foreign citizens to enter the country
Foreigners who are close relatives of citizens of the Russian Federation will be able to apply for visas to enter Russia in a simplified manner. This is reported by TASS with reference to the Prime Minister of the Russian Federation Mikhail Mishustin.
GRATA International Rostov-on-Don took part in the XV International Transport Corridors Forum 2020
On September 15, 2020 the Transport Corridors development Forum in St.Petersburg in the framework of session: “Legal issues of the peculiarities of the development of public-private partnerships in the development of the port industry” was held.
The Ministry of justice proposed to introduce additional guarantees for lawyers
The Ministry of justice of the Russian Federation has developed a draft Federal law on amendments to the criminal code of the Russian Federation and the code of сriminal procedure of the Russian Federation in terms of establishing additional guarantees for the implementation of the principle of adversarial parties.
The moratorium on bankruptcy helped the organization get rid of the forfeit
The owner rented out to the organization premises with an area of 1,000 sq. m. on the territory of the shopping center. A lease agreement was concluded between the parties, which provided for two types of rent: constant (for the use of the premises) and variable. The variable part is the payment for utility bills, which must be paid by the tenant no later than the 25th day of the month following the reporting one.
Transition to a simplified tax system in 2020
The simplified tax system has been the most popular preferential tax treatment for several million taxpayers for many years.
All financial assets must now be accounted for
President Vladimir Putin signed law No. 291-FZ of 31.07.2020, which establishes the obligation of residents to report on the movement of not only cash, but also other financial assets on accounts in foreign banks and other financial market organizations.
Changes in the Personal Income Tax in 2020
On 31 July 2020, on the official web portal of legal information, the federal law No 265-FZ ‘On Amendments to Part Two of the Tax Code of the Russian Federation’ was published and constituted.
By sub-clause 2 of Article 1 of the law 265-FZ, Article 207 of the Tax Code is supplemented with sub-clause 2.2. Despite the fact that the law 265-FZ was put into force on 31 July 2020, the provisions of clause 2.2 of Article 207 of the Tax Code of the Russian Federation apply to legal relations that arose from 1 January 2020.
The Republic of Cyprus has agreed to a new double tax Treaty with Russia
The Republic of Cyprus has agreed to a new double taxation agreement (DTA) with Russia and is ready
to raise the withholding tax increase to 15% for dividends and interest. This was announced on August
10 by the Ministry of Finance of the Russian Federation.
The state duma proposed to cancel the transport tax on the russian cars
The State Duma proposed to abolish the transport tax on the cars of Russian brands as a measure of support for citizens and the domestic auto industry. This initiative was made by the deputy Vasily Vlasov, who sent a corresponding letter to the head of the Ministry of Finance Anton Siluanov.
Our team in Moscow has strengthened its litigation practice with the addition of Nikolay Volodin
We are glad to announce that our growing team in Moscow (Russia) has strengthened its litigation practice with the addition of a new Senior Associate Nikolay Volodin joining in August 2020.